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Tennyson Road, Cowes

South East

£210,000
Listed on 04/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
950 sqft

Description

This well-established family home, now on the market for the first time in years, presents a unique opportunity for renovation and investment. Located a short flat walk from both the town center and nearby marinas, this property boasts three spacious double bedrooms, making it ideal for families or as a potential rental investment. Upon entering, you will find two generous reception rooms. The front sitting room features a bay window that invites natural light, showcasing a traditional stone fireplace with an inset gas fire—an element that can be restored to enhance its charm. The adjoining dining room also provides ample space and features a staircase leading to the upper floors. The galley-style kitchen offers functional layout possibilities with direct access to the back garden through a charming split stable door. An additional utility area could serve various purposes, including conversion into an extra bathroom or laundry space, adding further value to the home. The first floor accommodates a large family bathroom complete with essential amenities and retains an original fireplace in one of the front aspect bedrooms. On the second floor, there are two more well-proportioned double bedrooms; one enjoys views from the front while the other includes built-in storage solutions. Externally, the property features a walled front garden and a private rear patio area that could be transformed into an inviting outdoor space. It’s important to note that part of the structure may consist of single skin construction—a characteristic common in Victorian-era homes—which potential buyers should consider when arranging financing options. Overall, this property not only represents a cozy residence but also holds significant potential for those looking to invest in improvements or capitalize on its prime location by the sea.

Investment Analysis

(PO31 area)

Below Market Value

This property is priced -29.9% below area average per sq ft

-29.9%
Potential saving
This Property
£221/sq ft
Area Average
£315/sq ft
Avg Rent (weekly)
£242
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£329,332
10% above area average per sq ft
Potential ROI
+31.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (PO31)

Area prices are rising by +8.6% over the last 12 months
3 year growth: 7.8%
5 year growth: 25.6%
Investment Disclaimer: Analysis based on PO31 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Tennyson Road, Cowes
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£769
Based on a loan of £157,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE